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Category Archives: SHLD

Rising Jobless Claims Spook The Market, Again! SPX, Nasdaq, INTC, MFE, SYMC, SHLD, SNDK, CRM, MRVL, INTU, DELL, HPQ

Lots of news on the market today!  INTC came out with a 60% premium bid for MFE, at $7.68 billion.  MFE shares jumped +57.07% while INTC fell 3.52%.  SYMC, another security software company, saw its shares rise +6.2%.  However, investors focused on the rising jobless claims number and drove the broader market down.  SHLD reported weak sales [...]

Monthly Wrap May 2010: EOG, GS, GLD, NFLX, PCLN, SHLD

Well, it’s been a very volatile week and we traded lightly.  But, for the month of May, we made some really nice trades.  Here are the closed trades for May (profits above +50% are highlighted).  Notable trades are NFLX, PCLN, and SHLD puts with triple-digit gains: May 28, 2010 11:00 | HappyTrading CTRP ($39.40) Sold [...]

Dow Closes Below 10,000! SPX, Nasdaq, GOOG, BIDU, AMZN, AAPL, GS, X, SHLD, APOL, ESI

It was another volatile day on the market, to say the least.  The market seemed fairly strong in the morning, with SPX testing the 1090 level.  Tech leaders GOOG, BIDU, AMZN, and AAPL were all in the green.  GOOG was up almost $13 at one point, and AAPL went above $252 intraday!  But, once again [...]

Making Money In A Down Market! SPX, Nasdaq, GS, PRU, JPM, WFC, SHLD, NFLX, DECK, EOG, WYNN, LVS, MGM

In my Market Forecast for this week, I mentioned, "SPX 1120 could provide some initial support, but, below SPX 1120, the market could test SPX 1080."  On Tuesday, in our Trading Room , I said, May 18, 2010 12:13 PM VIX should at least test 40 on this run… From Monday through Wednesday, SPX tested 1120.  [...]

Market Ends Down In Volatile Trading: SPX, Nasdaq, SHLD, MA, V, GS, CME, ISRG, FSLR, WLT, NFLX, CMG, CSTR

The market was weak from the open and sank quickly lower into the morning trading.  We cashed in the rest of our trade on SHLD for profits as big as +347%, in just 2 days: May 19, 2010 07:21 | HappyTrading SHLD ($98.80) Sold to Close 05P105 May 105 put, at $7.10 +347% 07:10 | [...]

Market Slumps With Falling Euro! SPX, Nasdaq, CME, ICE, GS, MA, V, WFC, JPM, SHLD, WYNN, LVS, MGM

The market opened higher this morning, but, immediately started to slide.  Euro was also higher this morning, and it too, slipped from the open.  As the Euro went lower and lower, so did the market.  If you have been reading my articles, you would know that I have been more and more bearish about the [...]

Market Stalls After 3-Day Rally: SPX, Nasdaq, NFLX, BIDU, BG, POT, CF, MOS, KSS, SHLD, JWN

The market certain had an impressive 3-day rally.  Since Monday’s big jump (Dow +405 points) on Europe’s rescue package, the market continued to push higher.  We saw many of the recent market leaders make new highs.  For example, NFLX traded as high as $119.5 on rumors of being a buyout target for AMZN.  Just last [...]

Review 1/22/08: SPX, Nasdaq, PCP (Precision Castparts), SHLD (Sears Holdings), AAPL (Apple), TXN (Texas Instruments)

Being pressured by a sell-off in the global financial markets, the Fed finally slashed interest rates by 75 Bps today. This certainly helped the market to minimize the loss today. The market futures were way down this weekend. Even with the rate cut being announced in pre-market hours, the market gapped down and quickly reached [...]

Review 11/29/07: SPX, Nasdaq, SHLD, DELL, JCG, OVTI

After the HUGE jump yesterday, the market held together pretty well and finished slightly green. The Dow was up +22.28 points; SPX added just +0.7 points; and Nasdaq gained +5.22 points. For me, it was a day to relax and watch, allowing the market to vent a little. The market was very strong, letting off [...]

Review 8/13/07: SPX, Nasdaq, Dow, SHLD, ENR, CSC, OSG, TK, FRO

The day started out very well, with the market rallying right from the open. But, it quickly faded. Even though there were several attempts to turn back upwards, the market eventually closed just slightly down. The Dow was down just 3 points; SPX down 0.72 points; and, Nasdaq was down 2.65 points. Here’s a snapshot [...]